The table contains price demand and total cost data for the

Last updated: 11/26/2023

The table contains price demand and total cost data for the production of extreme cold sleeping bags where p is the wholesale price in dollars of a sleeping bag for an annual demand of x sleeping bags and C is the total cost in dollars of producing x sleeping bags Complete parts A through C below CLOS X 950 1 150 1 900 2 050 B Find a linear regression equation for the cost data using x as the independent variable C x 46 864 x 92 868 217 Round to three decimal places as needed profit P 230 220 160 125 A Find a quadratic regression equation for the price demand data using x as the independent variable p x 0 000084 0 163134 x 148 0621 Round the constant to four decimal places as needed Round all other values to six decimal places as needed C 135 000 150 000 180 000 190 000 C What is the form of the equation for profit Write the profit function in terms of the variables from the table x p and C